This article offers an ‘institutionally pluralist’ view proposing different kinds of institutions for five different spheres of economic life. It argues that economic policy should be seen as a process of institutional design and offers illustrative policy proposals in key fields, from climate change to business investment.
After Neoliberalism: Economic Theory and Policy in the Polycrisis Read More »
The authors translate polycrisis from a loose concept into a research agenda by providing the concept with a substantive definition, highlighting its value-added in comparison to related concepts, and developing a theoretical framework to explain the causal mechanisms currently entangling many of the world’s crises. In this framework, a global crisis arises when one or
Global Polycrisis: The Causal Mechanisms of Crisis Entanglement Read More »
This 19th edition of the World Economic Forum’s annual Global Risk Report is based on a risk perception survey conducted with nearly 1500 experts from academia, government, business, and civil society. Chapter 1 focuses on three risks that have grown of increasing concern over the next two years: false information, interstate violent conflict, and economic
Global Risks Report 2024 Read More »
This report explores the critical role of resilience in achieving sustainable development within the context of an increasingly complex set of threats resulting from the deepening climate crisis and other hazards.
GAR Special Report 2023: Mapping Resilience for the Sustainable Development Goals Read More »
In this article, the authors argue that the polycrisis is the manifestation of challenges outlined by the earlier scholarship of the “global problematique,” a set of systemically related factors including political, social, and ecological challenges such as pollution, resource depletion, and population growth. The polycrisis is recognized as the outcome of profound governance crises that
This tenth edition of insurance company AXA’s Future Risks Report surveyed 3,500 experts in 50 countries and a representative sample of 20,000 members of the general population in 15 countries. It found that the top three perceived risks are: 1) climate change, which for the first time occupied the top spot for both experts and
AXA Future Risks Report 2023: A World in Polycrisis Read More »
William White argues that climate policy around the world is lacking in dimensions of “should” (clear analysis of what must be done), “could” (the power to implement solutions), and “would” (the actual use of that power to address the problem). The even greater challenge, however, is that climate change is not the only global systemic
Paul Gilding argues that the world has reached “a multi-system tipping point” that will bring “the Great Disruption”: “a destabilisation of the global climate system at a scale that is so chaotic, unpredictable and costly, it will trigger cascading disruptive change in the global economy, national politics, investment markets and geopolitical security.” Gilding predicts that
The Great Disruption has Begun Read More »
This edited volume argues that humanity has entered a fundamentally novel era of existential risk. These risks range from global-scale natural disasters (like volcanic super-eruptions) to anthropogenic environmental destabilization (like climate change and loss of biosphere integrity), and from calamities that spread rapidly around our highly networked planet (like viruses and cyber threats) to the
The Era of Global Risk: An Introduction to Existential Risk Studies Read More »
The authors argue that a trigger event can’t start a crisis by itself; some underlying stress or stresses must also be operating. They contend that leaders should pay far more attention to these stresses, because they’re ultimately far more important. The original title of the article was “Let’s Avoid ‘Trigger Fixation.” The Globe and Mail
Let’s Avoid ‘Trigger Fixation’ Read More »
